Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
IPO Year:
Exchange: NASDAQ
Website: northerntrust.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/9/2024 | $103.00 → $127.00 | Underweight → Equal-Weight | Morgan Stanley |
9/26/2024 | $84.00 → $82.00 | Neutral → Sell | Goldman |
1/30/2024 | $82.00 → $86.00 | Equal-Weight → Underweight | Morgan Stanley |
1/9/2024 | $68.00 → $99.00 | Hold → Buy | Jefferies |
1/3/2024 | $85.00 | Peer Perform → Underperform | Wolfe Research |
10/18/2023 | Overweight → Equal Weight | Wells Fargo | |
10/10/2023 | $90.00 | Buy | BofA Securities |
7/10/2023 | $100.00 → $80.00 | Buy → Neutral | UBS |
4/26/2023 | Buy → Neutral | Seaport Research Partners | |
4/10/2023 | $97.00 → $96.50 | Underweight → Neutral | JP Morgan |
Northern Trust Corporation announced today that Chief Financial Officer David Fox and Wealth Management President Jason Tyler will participate in the RBC 2025 Capital Markets Global Financial Institutions Conference in New York City on Tuesday, March 4, 2025, at 9:20 a.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for approximately four weeks after the session date. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families a
Northern Trust Wealth Management announced two leadership changes: Glenda Pedroso will become Head of Banking and Specialized Services, and Michael Bracci will be named President of the East Region. The changes will be effective March 1, 2025. Pedroso will lead a new function that combines Northern Trust's fortress balance sheet and sophisticated lending, deposit and liquidity solutions with specialized services for fund sponsors, professional services firms, privately held businesses and their principals. Pedroso has held numerous leadership positions over her decorated 35-year banking career, most recently serving as East Region President. Bracci succeeds Pedroso and will oversee Nort
Strong U.S. equity market returns were offset by weakness in the bond market and global stocks in the fourth quarter of 2024, generating flat returns for institutional investors following four consecutive quarters of solid gains. The Northern Trust All Funds Over $100 Million plan universe had a median return of -0.8% in the fourth quarter but was up 9.4% for the full year in 2024. The Northern Trust Universe tracks the performance of 385 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings. The Northern Trust Corporate (ERISA) universe
Trends in AI, energy and globalization cited as key elements affecting economic growth globally during next decade Northern Trust today issued its Capital Market Assumptions 2025 Edition, forecasting moderate global equity performance, improving high yield bond returns and strength in private credit. The CMA also identifies three key trends likely to affect markets and the global economy over the next decade – AI-Enabled Productivity, Navigating the Energy Transition and Globalization: Bent, Not Broken – that provide the foundation for returns of stocks, bonds, real assets and alternatives. "The next 10 years will present investors with a complex landscape of market and economic trend
New mandate to deliver Private Capital Solutions for Infrastructure Manager's Australian, European and North American Funds Northern Trust (NASDAQ:NTRS) today announced it is providing asset servicing solutions to Igneo Infrastructure Partners (Igneo) as its global private capital administration partner. Operating since 1994, Igneo manages US$20 billion worth of assets (as of 30 September 2024) on behalf of more than 200 investors around the world. It is the direct infrastructure investment team of the First Sentier Investors Group. Igneo is a specialist global infrastructure manager investing in companies in the renewables, digital infrastructure, waste management, water utilities, t
Series of Appointments to Enhance Quant Capabilities and Accelerate Innovation Northern Trust Asset Management (NTAM), a leading global investment management firm with US$1.3 trillion in assets under management as of December 31, 2024, announced a major expansion of its global quantitative investment strategies team. NTAM has hired 13 investment personnel, including quantitative researchers, portfolio analysts and quantitative developers in Amsterdam, in a move that will enhance its existing quantitative factor platform and accelerate innovation into diversifying strategies. They join NTAM's quantitative strategies team under the leadership of Global Head of Quantitative Strategies Mark
New functionality via The Northern Trust Carbon Ecosystem™ could streamline the verification process for Voluntary Carbon Markets Northern Trust (NASDAQ:NTRS) has announced a significant enhancement for the Voluntary Carbon Market (VCM) through the ability to generate digital voluntary carbon credits in near real-time on The Northern Trust Carbon Ecosystem™. Northern Trust has been working with project developers focused on climate solutions and their data collection providers to streamline the generation of verified carbon credits to enable more automation in the VCM. The Northern Trust Carbon Ecosystem was able to receive data and record verified carbon credits in near real-time from
Northern Trust Corporation has released its fourth quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on January 23, 2025, which is available on the SEC's website at https://www.sec.gov. Webcast of Fourth Quarter Earnings Conference Call Northern Trust's fourth quarter earnings conference call will be webcast on January 23, 2025. The live call will be conducted at 8:00 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northe
Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 14, 2025. Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago t
Northern Trust (NASDAQ:NTRS) announced today the appointments of Robert (Bob) Moritz and Richard (Rick) Petrino to its board of directors. Moritz, the former global chairman of PricewaterhouseCoopers (PwC), will join the Northern Trust Board of Directors effective March 1, 2025. Petrino, a former American Express Company executive, joins effective immediately. "I am pleased to welcome Bob and Rick to the Northern Trust Board of Directors," Chairman and Chief Executive Officer Michael O'Grady said. "They each bring strategic, global perspectives and deep financial expertise that will be highly relevant to Northern Trust as it continues to serve our clients as a trusted financial partner. I
Northern Trust Corporation has released its fourth quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on January 23, 2025, which is available on the SEC's website at https://www.sec.gov. Webcast of Fourth Quarter Earnings Conference Call Northern Trust's fourth quarter earnings conference call will be webcast on January 23, 2025. The live call will be conducted at 8:00 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northe
Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 14, 2025. Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago t
Northern Trust Corporation announced today that it will webcast its fourth quarter 2024 earnings conference call live on Thursday, January 23, 2025. The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 8:00 a.m. (CT), following the release that morning of Northern Trust's fourth quarter 2024 earnings press release. A replay of the webcast will be available for approximately four weeks after the date of the call. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institu
Northern Trust's FlexShares Exchange Traded Funds announced the liquidation and termination of the FlexShares International Quality Dividend Defensive Index Fund (Ticker: IQDE) (the "Fund"). Prior to and through the close of regular trading (the "Close of Trading") on the NYSE Arca, Inc. ("NYSE Arca") on or about January 21, 2025 (the "Closing Date"), the Fund will undertake the process of closing down and liquidating its portfolio. The Fund will discontinue accepting orders for the purchase of creation units after 3:00 p.m., Eastern time, on January 17, 2025. Trading of the Fund's shares will be suspended prior to the open of regular trading (i.e., 9:30 a.m., Eastern time) on the NYSE Ar
Northern Trust Corporation has released its third quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on October 23, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of Third Quarter Earnings Conference Call Northern Trust's third quarter earnings conference call will be webcast on October 23, 2024. The live call will be conducted at 8:30 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northern Tru
Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 6, 2024. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 15, 2024. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset
Northern Trust Corporation announced today that it will webcast its third quarter 2024 earnings conference call live on Wednesday, October 23, 2024. The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 8:30 a.m. (CT), following the release that morning of Northern Trust's third quarter 2024 earnings press release. A replay of the webcast will be available for approximately four weeks after the date of the call. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institution
Northern Trust Corporation has released its second quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on July 17, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of Second Quarter Earnings Conference Call Northern Trust's second quarter earnings conference call will be webcast on July 17, 2024. The live call will be conducted at 8:30 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northern Tru
Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2024, to holders of record at 5:00 p.m., Chicago time, on September 6, 2024. Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on October 1, 2024, to holders of record at 5:00 p.m., Ch
Northern Trust Corporation today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). Based on the 2024 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2024, to September 30, 2025, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent. "The Federal Reserve's annual CCAR stress test results once again confirmed the strength of our capital position and business model as well as our ability to withstand a variety
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
144 - NORTHERN TRUST CORP (0000073124) (Subject)
13F-HR - NORTHERN TRUST CORP (0000073124) (Filer)
144 - NORTHERN TRUST CORP (0000073124) (Subject)
8-K - NORTHERN TRUST CORP (0000073124) (Filer)
8-K - NORTHERN TRUST CORP (0000073124) (Filer)
8-K - NORTHERN TRUST CORP (0000073124) (Filer)
SCHEDULE 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
13F-HR - NORTHERN TRUST CORP (0000073124) (Filer)
10-Q - NORTHERN TRUST CORP (0000073124) (Filer)
8-K - NORTHERN TRUST CORP (0000073124) (Filer)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Subject)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Subject)
SC 13G - NORTHERN TRUST CORP (0000073124) (Subject)
SC 13G - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
SC 13G/A - NORTHERN TRUST CORP (0000073124) (Filed by)
Series of Appointments to Enhance Quant Capabilities and Accelerate Innovation Northern Trust Asset Management (NTAM), a leading global investment management firm with US$1.3 trillion in assets under management as of December 31, 2024, announced a major expansion of its global quantitative investment strategies team. NTAM has hired 13 investment personnel, including quantitative researchers, portfolio analysts and quantitative developers in Amsterdam, in a move that will enhance its existing quantitative factor platform and accelerate innovation into diversifying strategies. They join NTAM's quantitative strategies team under the leadership of Global Head of Quantitative Strategies Mark
Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced Lyenda Simpson Delp will become Head of the Global Institutional Client Group, effective December 3. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925776877/en/Lyenda Simpson Delp, Head of the Global Institutional Client Group, Northern Trust Asset Management (Photo: Business Wire) Lyenda will lead the strategic direction and commercial success of NTAM's institutional businesses in the Americas, Europe, and the Middle East (EMEA), and Asia-Pacific (APAC) regions. NTAM
NTAM Appoints Head of Global Stewardship; Unveils Proxy Voting Choice Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced actions to further strengthen its investment stewardship capabilities: appointing Paul Clark as Global Head of Stewardship, and unveiling the phased rollout of proxy voting choice. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808855510/en/Paul Clark, Global Head of Stewardship, Northern Trust Asset Management (Photo: Business Wire) "We believe effective investment stewardship helps protect and e
Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716033019/en/Ali Nafii (Photo: Business Wire) In his new role, Nafii will be responsible for driving strategic growth in San Diego. He will lead a team that provides best-in-class investment management, trust, banking and advisory solutions to many of San Diego's most successful families, companies and nonprofits. Nafii joined Northern Trust in 2015, most recently serving as Client Development Market Lead & Seni
Northern Trust (NASDAQ:NTRS) announced today the appointment of Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE Group, Inc., the world's largest commercial real estate services and investment firm. She previously served as Chief Executive Officer of the firm's Global Workplace Solutions (GWS) business segment, overseeing the delivery of services including facilities management, project management and transaction services to clients worldwide. Prior to that, she served in a dual role as CBRE's Chief Transformation Officer, with executive oversight for People, Marketing, Supply Chain and Corporate Real Estate, and Chief Operating Officer of G
Northern Trust has appointed Ayla Kalani as Los Angeles Market Leader, where she will lead the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240325607340/en/Ayla Kalani, Northern Trust Wealth Management Los Angeles Market Leader. (Photo: Business Wire) Kalani's territory will include Century City, Pasadena and Santa Barbara, where offices are dedicated to delivering exceptional service, renowned expertise and an innovative goals-driven wealth management approach for clients. She joins a team providing best-in-class investment management, trust, banking
Northern Trust has appointed Dotti Reeder as Market President of Dallas-Fort Worth, where she will lead the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240304684831/en/Dotti Reeder (Photo: Business Wire) Reeder will oversee offices at Saint Ann Court, Park Cities and Fort Worth dedicated to delivering exceptional service, renowned expertise and an innovative goals-driven wealth management approach for clients. She joins a team providing best-in-class investment management, trust, banking and advisory based solutions. Most recently, Reeder was at Tol
Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212635719/en/Wing Wilson (Photo: Business Wire) In this role, Wilson, who will be based in New York City, will have fiduciary oversight across Northern Trust's East region, spanning from Florida to the New England states. She will lead the strategic direction and execution of these services while accelerating growth. Wilson has more than 15 years of experience in fiduciary serv
Northern Trust has appointed Brian Donovan Senior Managing Director of a wealth advisory team in Greater New York and lead of the Ultra High Net Worth (UHNW) Practice for the East Region, a newly created role. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913096732/en/Brian Donovan, Northern Trust Wealth Management (Photo: Business Wire) In his role as a Senior Managing Director, Donovan will lead one of Northern Trust's wealth advisory teams in the Northeast Region, to include partners in both New York and Connecticut. His team will focus on the delivery of holistic advice and outstanding client service, while seeking to ac
Northern Trust has appointed Kathryn Calcagno Senior Wealth Strategist in Portland, where she will work with high-net-worth individuals and families to develop comprehensive wealth management plans to meet their goals. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230628526180/en/Kathryn Calcagno, Northern Trust (Photo: Business Wire) Calcagno brings more than 35 years of experience in the wealth management industry, with an emphasis on working with new clients and offering holistic financial services. Most recently, Calcagno was the Senior Managing Director, Wealth Advisor at First Republic Bank, where she managed complex inve
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
4 - NORTHERN TRUST CORP (0000073124) (Issuer)
Morgan Stanley upgraded Northern Trust from Underweight to Equal-Weight and set a new price target of $127.00 from $103.00 previously
Goldman downgraded Northern Trust from Neutral to Sell and set a new price target of $82.00 from $84.00 previously
Morgan Stanley downgraded Northern Trust from Equal-Weight to Underweight and set a new price target of $86.00 from $82.00 previously
Jefferies upgraded Northern Trust from Hold to Buy and set a new price target of $99.00 from $68.00 previously
Wolfe Research downgraded Northern Trust from Peer Perform to Underperform and set a new price target of $85.00
Wells Fargo downgraded Northern Trust from Overweight to Equal Weight
BofA Securities resumed coverage of Northern Trust with a rating of Buy and set a new price target of $90.00
UBS downgraded Northern Trust from Buy to Neutral and set a new price target of $80.00 from $100.00 previously
Seaport Research Partners downgraded Northern Trust from Buy to Neutral
JP Morgan upgraded Northern Trust from Underweight to Neutral and set a new price target of $96.50 from $97.00 previously